HB 609 Employees' Pension System Cash Balance Plan Option
Maryland 2014 Regular Session
Employees' Pension System - Cash Balance Plan Option
HB-609
About HB-609
Establishing a cash balance plan under the State Retirement and Pension System; exempting specified individuals who elect to participate in the cash balance plan from the requirement to join the Employees' Pension System as a condition of employment; requiring the Board of Trustees for the State Retirement and Pension System to administer the cash balance plan and adopt specified regulations; providing the vesting requirements for participating employees in the cash balance plan; etc.
Bill Texts
Introduced 01/30/2014
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